Meten International Education Group

General Information
Business:

 

We are a leading general ELT service provider in China. We are committed to improving the overall English competence and practical skills of the general Chinese population. According to the Frost & Sullivan Report, we are the second largest player in China’s offline general ELT market, which comprised approximately 74.1% of the general ELT market in terms of revenue in 2018. The increasing globalization and insufficient supply of effective ELT services in China have led to an increasing demand for practical English learning in China, while the general ELT market is underserved with a low penetration rate of 2.1% in 2018, according to the Frost & Sullivan Report, reflecting a substantial growth potential of the market. The ELT market in China had grown at a CAGR of 19.0% from 2013 to 2018 and is forecasted to grow at a CAGR of 20.7% from 2018 to 2023, reaching a total market size of RMB365.9 billion in 2023, according to the Frost & Sullivan Report.

Industry: EDUCATIONAL SERVICES
Employees: 5377
Founded: 2006
Contact Information
Address Floor 4, Tianjian Tianranju Commercial Center, No.2006 Xiangmeibei Road, Futian District, Shenzhen, Guangdong Province 518045, the People's Republic of China. Our telephone number at this address is +86 755 8294 5250
Phone Number +86 755 8299 5963.
Web Address http://www.meten.com
View Prospectus: Meten International Education Group
Financial Information
Market Cap
Revenues $203.7 mil (last 12 months)
Net Income $-1.82 mil (last 12 months)
IPO Profile
Symbol MEDU
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Citigroup/ CICC/ Macquarie Capital
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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